The company said Valcambi was the engine driving the group's business, but Valcambi's audited accounts showed revenues that were only a fraction of what the group reported. That raised a major red flag.
Foreign universities are unlikely to gain major ground in India's higher education market in the near term, as students and families continue to prioritise return on investment over brand value in a highly price-sensitive sector.
India will allow Pakistan athletes and teams to compete in international events hosted in the country, but bilateral sporting ties between the neighbours remain suspended.
Major life insurers in India reported close to double-digit growth in the value of new business (VNB) last financial year, primarily driven by increased sales of high-margin protection and non-participating (non-par) products.
'Present day youth are not interested in the past. They want to see what you are going to do now.'
Rajesh Exports has refuted allegations of financial irregularities, stating that its reported revenues are accurate and attributing the Securities and Exchange Board of India's (Sebi) interim action to a 'communication gap' between the regulator and the company.
The Reserve Bank of India (RBI) announced that it processed 99.9 per cent of applications within the prescribed timeline under its Citizen's Charter in May 2026. The central bank handled 18,763 applications, showcasing efficient processing across various functions.
Indian badminton stars Satwiksairaj Rankireddy and Chirag Shetty discuss their Singapore Open victory, overcoming injuries, and their ambitions for future tournaments, including the World Championships and the 2028 Los Angeles Olympics.
Indian badminton stars Satwiksairaj Rankireddy and Chirag Shetty discuss their Singapore Open victory, overcoming injuries, and their ambitions for future tournaments, including the World Championships and the 2028 Los Angeles Olympics.
Despite the Centre's GST 2.0 guidelines aiming to facilitate provisional refunds within seven days for low-risk cases, many large taxpayers are still encountering significant delays in obtaining Goods and Services Tax (GST) refunds under the inverted duty structure (IDS), with experts citing inconsistent state-level scrutiny and subjective interpretations.
India has launched an open Health AI benchmarking platform to evaluate artificial intelligence models on diverse Indian datasets before deployment at a population scale. The initiative aims to strengthen AI-driven claims management under the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB PM-JAY).
Ravichandran Ashwin backed Bhuvneshwar Kumar for a return to India's T20I side after the RCB pacer's match-winning spell and late heroics against Mumbai Indians in IPL 2026.
PGTI president Kapil Dev wants star golfer Gaganjeet Bhullar to leave Indian Golf Premier League (IGPL), a private league, and rejoin PGTI to play for India again, says its CEO Amanpreet Johl.
Nearly 150 Indian Super League players, including national team members, face an uncertain future as their contracts expire amid ongoing disputes between the AIFF and clubs over the league's structure.
A US national was arrested in Maharajganj, Uttar Pradesh, while allegedly attempting to cross illegally into Nepal. The individual, identified as Phelan Travis Anthony, had overstayed his visa in India and was trying to evade legal proceedings.
A case of culpable homicide has been registered against two coaches and cricket associations after a 15-year-old boy died after being crushed by a heavy pitch roller during a summer camp in Solapur district, Maharashtra.
Former India captain Kris Srikkanth advises Royal Challengers Bengaluru to exclude Romario Shepherd from their playing XI for the IPL final against Gujarat Titans, citing concerns over his expensive bowling.
Rajat Patidar, captain of Royal Challengers Bengaluru, discusses his leadership philosophy ahead of the IPL final, emphasising authenticity and focusing on guiding his team to victory rather than emulating other captains.
Delhi reported a staggering 1,80,973 theft cases in 2024, resulting in almost 3,480 cases per week, and roughly 497 cases per day, which is 73.3 per cent of the national total - a major lead over other metropolitan centres.
The Wrestling Federation of India (WFI) has reversed its decision and allowed Vinesh Phogat to compete in the 53kg category at the Asian Games selection trials.
NBA legend Vlade Divac expresses optimism about the growth of basketball in India, acknowledging cricket's dominance but highlighting the potential for Indian talent in the NBA.
India spin great R Ashwin has expressed his desire to see teen sensation Vaibhav Sooryavanshi represent the national team in all three formats of cricket, praising his fearless approach and entertainment value.
Gen NS Raja Subramani has taken over as India's new Chief of Defence Staff, succeeding Gen Anil Chauhan. His primary focus will be on implementing the military theaterisation plan and enhancing tri-services synergy.
Pati Patni Aur Woh Do continues its impressive box office run, dominating screens in its third week, while Hollywood's Obsession makes waves too.
Virat Kohli and Anushka Sharma visited the ashram of Sant Premanand Maharaj in Vrindavan to seek blessings after Royal Challengers Bengaluru's IPL victory.
Eleven students from the Data Center Management course at Young India Skills University (YISU) in Telangana have been hired by Microsoft, marking a significant achievement for the skill-based education initiative.
Young Indian shuttler Ayush Shetty secured a dramatic comeback victory to reach the pre-quarterfinals of the Indonesia Open, a Super 1000 tournament. However, star men's doubles pair Satwiksairaj Rankireddy and Chirag Shetty were forced to retire due to injury, while HS Prannoy exited in the first round. Rohan Kapoor and Ruthvika Gadde advanced in mixed doubles.
The videos were shown so that the woman could learn about Islam, she said in her statement, which is part of the chargesheet submitted in a Nashik court last week.
Indian cricketer Jemimah Rodrigues discusses the team's motivation and preparation for the upcoming ICC Women's T20 World Cup, highlighting the importance of consistent training and the emergence of key players like Nandani. The team aims to build on their previous success and overcome challenges, including the absence of injured player Amanjot.
The Enforcement Directorate has launched a foreign exchange violation investigation against Vedanta Group, conducting searches at its premises in multiple locations.
Kerala Chief Minister V D Satheesan on Thursday hit out at the previous Left Democratic Front government, claiming that it had left behind huge liabilities, including Kerala Infrastructure Investment Fund Board borrowings, amounting to Rs 5.07 lakh crore.
India's Under-17 AFC Asian Cup campaign began with a 0-4 defeat to Australia, highlighting defensive vulnerabilities and missed opportunities.
Krutrim, India's first AI unicorn, has successfully repositioned itself as a focused domestic AI Cloud Services provider, reporting its first annual net profit in FY26.
What lies behind Vaibhav's amazing journey over the last couple of years is something beyond mere analysis. By any stretch of imagination, some of the shots he has played seem to remain in the realm of impossibility. Doubtless reams will be written about this and we will still not have a clue, because he would have moved on to newer peaks, notes Shreekant Sambrani.
Barclays Global Service Centre India MD & CEO Praveen Kumar has urged Indian banks to modernise their technology architecture and build AI-based defence systems to counter emerging cyber threats posed by AI tools.
"Taxpayers with income from shares, mutual funds, crypto, ESOPs, or derivatives often incorrectly use ITR-1 instead of ITR-2 or ITR-3."
Police in Maharajganj, Uttar Pradesh, have arrested three alleged interstate drug smugglers and seized banned narcotic tablets worth approximately Rs 1 crore near the India-Nepal border.
ICICI Bank is seeking recoveries of at least 100 crore from fintech firms, alleging merchant misclassification of their business, a practice that has eroded the bank's interchange income. The dispute, lodged with global card network Visa, highlights growing discomfort among banks and intensified scrutiny from the Reserve Bank of India.
D K Shivakumar has been sworn in as the Chief Minister of Karnataka, with Governor Thaawarchand Gehlot administering the oath of office and secrecy. The ceremony also saw 13 other ministers, including a Deputy CM, taking their oaths, attended by prominent Congress leaders and religious figures.
The Defence Research and Development Organisation (DRDO) and the Indian Air Force (IAF) have successfully conducted flight tests of the RudraM-II air-to-surface missile, marking a significant milestone in indigenous defence technology.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances